OptionBit parent Novox Capital Ltd received CySEC license in early February, offenses were in late 2012. Cyprus financial regulator CySEC handed out what amounts to a slap on the wrist to binary options broker OptionBit, a Tradologic brand, for offering binary options trading services back in 2012, before it held a CySEC CIF license. The…
Read moreAccording to our research ChargeXP might be behind VIP Binary, which does not appear to be operational Cypriot regulator of financial services providers CySEC has released two press releases today that outline some details about fines it has imposed on a couple of binary options brokerages in October last year. The first administrative action was…
Read moreThe company has been spared a huge fine in return for a commitment to get regulated Cypriot regulatory authority CySEC is on the move once again. The regulator has announced in a statement on its website that it is administrating a fine totaling 15,000 Euros on the company Zoompartners Ltd, which is behind the Zoomtrader…
Read moreRepresents one of the largest fines ever doled out by CySEC to an individual. We've become somewhat used to the multi-million dollar fines for wrongdoing handed out by US regulator CFTC, so an EUR 100,000 ($135,000) fine doesn't seem too weighty. But it certainly is, when handed out by Cyprus financial regulator CySEC. CySEC announced…
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